With still slightly more than a day to closing, the "Lunch with Warren Buffett" auction on eBay is already at US$400,000. Last year's auction was closed at a cool US$1.68 million dollars, with a total of more than US$6 million collected since its inception a decade ago, for San Francisco-based Glide Foundation, which charitably organization that provides social services to the poor and homeless in San Francisco.
The winner of the auction plus up to seven guests will get to lunch with Warren Buffett and have the opportunity to pick his brains, at a date and time to be decided upon by both parties, at the Smith & Wollensky steakhouse in New York.
I think that it's great if one could have a meal together with Warren Buffet but then paying over a million dollars for it is a little too pricey, even though it's for charity. Some people probably think it's a great honour, but I guess some hope to get some investment tips and make a profit that would be even more than what was paid for the meal.
Nevertheless, it would be interesting to see how this auction will end.
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